TDS Demand Payment

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Respected Members,

I have a TDS demand against a Pvt. Ltd. where some figures are related to below manner of several years.

Interest on Deduction Default u/s 201

Late Filling Fee u/s 234E

Interest u/s 220(2)

There are some short payment & short deduction also (which is related to 2007-08 to 2015-16).

How can I pay these amount (Through which challans) If I am selecting challan 281 then what would be section for further process.

 

Replies (4)
Pay the demand through Challan 281 if TDS/TCS related with the option of
"400 - TDS/TCS Regular Assessment (Raised by I.T. Deptt.)...
There are some short payment & short deduction also (which is related to 2007-08 to 2015-16). ....Query...

------- Short Deduction may require to file TDS return / Revising it so that Deductees get credit.

This will in turn lead to a great difficulty in claiming credit / refund of past Assessment Years.

If I am selecting Code 400 then next option is about "Nature of Payment"

How can I identified this about Interest.

It's not for interest... You will select the code of previous deducted TDS head...

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